Liberum Capital reissued their buy rating on shares of Relx (LON:REL) in a research report released on Thursday morning, Stock Target Advisor reports.
Several other equities analysts also recently issued reports on REL. Citigroup raised shares of Relx to a buy rating in a research note on Tuesday, January 21st. Morgan Stanley upped their price objective on shares of Relx from GBX 1,830 ($24.07) to GBX 2,250 ($29.60) and gave the company an equal weight rating in a research note on Tuesday, January 28th. UBS Group reissued a sell rating on shares of Relx in a research note on Friday, February 7th. Barclays upped their price objective on shares of Relx from GBX 2,090 ($27.49) to GBX 2,275 ($29.93) and gave the company an overweight rating in a research note on Thursday, January 30th. Finally, Goldman Sachs Group upped their price objective on shares of Relx from GBX 2,378 ($31.28) to GBX 2,408 ($31.68) and gave the company a buy rating in a research note on Monday, January 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 2,021.30 ($26.59).
Shares of REL traded up GBX 1 ($0.01) on Thursday, hitting GBX 2,073 ($27.27). 3,659,939 shares of the stock traded hands, compared to its average volume of 4,990,000. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 308.02. The firm has a market capitalization of $40.09 billion and a P/E ratio of 26.89. The stock’s 50 day moving average is GBX 1,989.27 and its two-hundred day moving average is GBX 1,906.62. Relx has a 1 year low of GBX 1,597 ($21.01) and a 1 year high of GBX 2,100 ($27.62).
The business also recently declared a dividend, which will be paid on Thursday, May 28th. Investors of record on Friday, April 24th will be given a dividend of GBX 32.10 ($0.42) per share. This is a positive change from Relx’s previous dividend of $13.60. The ex-dividend date of this dividend is Friday, April 24th. This represents a yield of 1.55%. Relx’s dividend payout ratio is 0.56%.
Relx Company Profile
RELX PLC provides information based-analytics and decision tools for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals that enables progress in science, advance healthcare, and performance improvement.
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